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波斯湾前景提振华尔街盘前交易;亚洲和欧洲股市上涨

-- 周二盘前,受美国总统特朗普暗示德黑兰与华盛顿和平谈判可能重启以及美国海军舰艇在霍尔木兹海峡巡逻未发生任何意外事件的影响,华尔街股指期货小幅走高。 期货方面,标普500指数上涨0.1%,纳斯达克指数小幅上涨0.3%,道琼斯指数持稳。 西德克萨斯中质原油价格早盘进一步跌破每桶100美元,至97.48美元。 交易员们也在等待华盛顿于美东时间上午8:30公布的3月份生产者价格指数(PPI)公告,该指数被认为是衡量整体经济通胀的先兆之一。 财报方面,摩根大通(JPM)股价盘前下跌2.4%,尽管该公司公布的第一季度盈利和营收均有所增长。 强生(JNJ)股价盘前小幅下跌,此前该公司公布的第一季度调整后盈利低于预期。 富国银行 (WFC) 股价在盘前下跌 2.8%,此前该公司公布的第一季度盈利高于预期,但营收低于分析师预期。 隔夜亚洲股市普遍走高,首尔综合指数 (KOSPI) 领涨,涨幅达 2.7%。欧洲股市午盘小幅上涨。 经济方面,美国独立企业联合会 (NFIB) 公布的月度小企业乐观指数从 2 月的 98.8 和 2025 年 3 月的 97.4 降至 3 月的 95.8,创下自 2025 年 4 月以来的最低点。 芝加哥联邦储备银行行长奥斯坦·古尔斯比和美联储理事迈克尔·巴尔将于周二发表讲话。 盘前交易中,比特币价格为 74,607 美元,10 年期美国国债收益率为 4.29%。现货黄金价格为每盎司 4,776 美元。

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Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.

$OTIS
Asia Markets

Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled

The Tadawul All Share Index closed Sunday 0.11% higher as investors assessed the latest updates regarding the conflict in the Middle East.US President Donald Trump said on his Truth Social account that the Pakistani trip for his envoys, Steve Witkoff and Jared Kushner, was canceled. The announcement dimmed the hopes for peace talks between Iran and the US to happen any time soon.Further to this, Israel launched an attack in Lebanon on April 25. The strikes, which targeted Hezbollah, resulted in four casualties and facility damage in Southern Lebanon.Back at home, Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, and Thob Al Aseel (SASE:4012) posted their financial results for the three months ended March 31. Petro Rabigh emerged from a loss in the first quarter, while Thob Al Aseel logged a higher net profit and revenue."The reason for net profit reported during the current quarter compared to a net loss recorded in the same quarter of last year was primarily attributable to improved product margins resulting from stronger refined product pricing and higher sales volumes," Petro Rabigh said in its report.Petro Rabigh rose 10% at closing, while Thob Al Aseel ticked down 1.59%.Meanwhile, the local calendar will be mostly empty except for the kingdom's preliminary figures for its GDP growth rate for the first quarter and the M3 money supply and private bank lending data for March on Thursday.

$^TASI$SASE:2380$SASE:4012
Research

Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.

$URI